A bank in Newtown is set to close for four weeks while the building undergoes refurbishment.

The HSBC branch in the town centre will be closed from Friday, April 12, to Saturday, May 13.

The revamp includes a new ATM cash machine installed outside the building facing High Street and two brand new multi-function devices which will allow customers to access a range of services and make payments, which also aims to reduce queues inside the branch.

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The Newtown HSBC team will be based downstairs in the Market Hall during the closure to deal with everyday banking services, as well as hiring a unit for any customers who want to discuss personal banking issues in private.

Staff will be available to meet in-person from 9.30am to 2pm on Thursday, April 18, and Friday, April 19; Tuesday, April 23, and Thursday, April 25; Tuesday, April 30, and Thursday, May 2.

Montgomeryshire MP Craig Williams said the refurbishment work is a "big positive" for the town and its customers.

"I am pleased that HSBC are trying to keep disruption for its customers during this period to a minimum," he said, "and this investment by HSBC for its Newtown branch is a big positive for its customers and local communities as a whole going forward."

List of bank branches in Powys (March 2024)

  • Lloyds Bank – Newtown (permanently closes April 3), Presteigne and Brecon
  • Nationwide – Newtown
  • Santander – Newtown and Brecon
  • NatWest – Newtown and Brecon
  • HSBC - Newtown and Llandrindod Wells

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The branch was closed for more than two weeks during April and May last year when essential maintenance was carried out.

Newtown still has HSBC, Nationwide, Santander and NatWest branches in the town but from Wednesday, April 3, Lloyds branch in High Street will close.

Barclays bank closed its The Cross branch in September 2022 but moved services to Ladywell Centre where customers can pop in every Tuesday, Thursday and Friday from 9.30am to 4.30pm.

Since June 2022, Powys has lost seven, soon-to-be eight, bank branches: Lloyds in Welshpool and Llandrindod Wells; HSBC in Brecon; and there are no Barclays branches remaining in the county following the closures in Newtown, Welshpool, Builth Wells and Brecon.